Attracting Investors to African Public-Private Partnerships

A Project Preparation Guide

Public-Private Infra. Advisory Facility, Infrastructure Consortium for Africa

• Publisher: World Bank Publications
• Year: 2008
• eBook ISBN: 9780821377314
• Edition: 0
• Topic: Economics
• Subtopic: Economic Policy
• Index: Economics

As growth and development in Africa increase rapidly, investment in infrastructure projects will often be best accomplished through public-private partnership. This Project Preparation Guide offers the foundation blocks for public sector engagement with the private sector. This book assesses the relevant issues for selecting a project for public-private partnership, the actions for preparing projects for market, and the management process The guide addresses hiring and managing expert advisers, explains how the public sector should interact with the private sector during the project selection and preparation phases to ensure that decisions during these phases are realistic, and analyzes the issues of engagement with the private sector during the tender and after a contract has been signed. 'Attracting Investor to African Public-Private Partnerships' will help the public sector in Africa to attract private sector investment through effective project advertising, management, and implementation. This book will enhance the chances of developing effective public-private partnerships by overcoming major obstacles to project delivery by having the right information, on the right projects, for the right partners, at the right time. This guide is aimed at African public sector officials who are concerned about the delivery of infrastructure projects and services through partnership with the private sector, as well as staff in donor institutions who are looking to support PPP programs at the country-level.

Table of contents

• CONTENTS
• ABOUT THE AUTHORS
• ABBREVIATIONS
• 1. INTRODUCTION
• 2. DEFINING PUBLIC-PRIVATE PARTNERSHIPS
• 3. SETTING THE FRAMEWORK
• 4. SELECTING PROJECTS
• 5. PREPARING PROJECTS FOR MARKET
• 6. PROJECT ADVISERS
• 7. MANAGING THE INTERFACE WITH THE PRIVATE SECTOR
• 8. MANAGING PROCUREMENT
• 9. AFTER SIGNING
• APPENDIX A. World Bank/PPIAF Private Participation in Infrastructure Project Database
• APPENDIX B. Sample Extract of a Risk Management Register for Managing the Public-Private Partnership Project Process
• APPENDIX C. Public-Private Partnership Web Sites
• APPENDIX D. Profiles of Five African Public-Private Partnership Projects
• REFERENCES
• INDEX
• BOX 5.1 Common Problems in Project Governance
• BOX 5.2 Common Mistakes in Project Preparation
• BOX 7.1 Top 10 Tips for a Successful Market-Sounding Exercise
• BOX 7.2 Major Concerns of Contractors and Investors
• BOX 7.3 Major Concerns of Project Lenders
• BOX 8.1 Project Information Memorandum
• BOX 8.2 Bidders’ Conference
• BOX 8.3 Summary of a Model Request for Qualification for Public-Private Partnership Projects, Government of India
• BOX 9.1 Tips on Contract Management
• FIGURE 1.1 Number and Value of Private Participation in Infrastructure Projects, by Region, 1996–2006
• FIGURE 1.2 Key Phases of the Public-Private Partnership Project Process
• FIGURE 4.1 Stages of Project Selection
• FIGURE 4.2 Elements of a Risk Management Plan
• FIGURE 4.3 Typical Contractual Structure of a Public-Private Partnership
• FIGURE 4.4 Number of Private Participation in Infrastructure Projects in Africa, by Sector and Type of Contract, 1996–2006
• FIGURE 4.5 Number of Transport Projects in Sub-Saharan Africa in World Bank PPI Database, by Sector, 1996–2007
• FIGURE 5.1 Project Preparation Process
• FIGURE 5.2 Outline of a Structure of Project Governance
• FIGURE 8.1 Outline of the Procurement Process
• FIGURE 8.2 Outline of the Prequalification Phase
• FIGURE 8.3 Outline of the Request-for-Proposals and Financial Close Phases
• FIGURE 9.1 Structure of Contract Management
• TABLE 4.1 An Example of Output Specifications for an Accommodation Public-Private Partnership
• TABLE 6.1 Role of External Advisers
• TABLE 7.1. Checklist before Launching the Procurement Phase